ETALON GROUP PLC (“Etalon Group” or the “Company”), one of the largest development and construction companies in Russia, hereby provides a status update concerning its redomiciliation process.
Today, the Bank of Russia approved the state registration of the issuances of ordinary and preferred shares as well as the registration of the prospectus for ordinary shares of the international public joint-stock company Etalon Group (Kaliningrad region): https://www.cbr.ru/rbr/insideDKO/.
The securities were assigned the registration numbers 1-01-17142-A and 2-01-17142-A, respectively. The decision to register the share issuances and the prospectus will enter into force on the date of the international company’s state registration (Articles 7 and 8 of Federal Law No. 290-FZ of 3 August 2018 on International Companies and International Funds). The Russian registration authority will next complete the state registration of the international public joint-stock company in the Russian Federation.
This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.
IR Team
About Etalon Group
Founded in 1987, today Etalon Group is one of the leading nationwide players in Russia’s development and housing construction sector. The Company develops real estate projects for the middle class in Moscow, the Moscow region and St Petersburg. The Company has been actively developing in eight regions across Russia since 2021, with large-scale projects under way in Omsk, the Novosibirsk region, Ekaterinburg, Tyumen and Kazan. With 37 years of successful operations and ongoing regional expansion, the Company remains one of the largest players in the Russian real estate market. Since its foundation, Etalon Group has delivered 9.2 mln sqm of real estate.
Thanks to its integrated business model, Etalon Group creates added value for customers and shareholders at every stage of development, from land plot analysis and acquisition to the operation and maintenance of existing properties. Etalon Group employs more than 6,000 people.
Etalon Group’s total assets comprise 27 projects under development, unsold inventory at completed residential complexes and commercial properties, with total unsold NSA of 5.5 million sqm, as well as a construction and maintenance division. According to Nikoliers, the value of Etalon Group assets as of 31 December 2024 was RUB 305 billion.
In 2024, Etalon Group’s new contract sales totalled 699 ths sqm, or RUB 146.2 billion.
The Company’s revenue in 2024 amounted to RUB 131 billion, with EBITDA of RUB 27.6 billion.
Etalon Group shares are traded on the Moscow Exchange (ticker ETLN) and have been included in the Level 2 quotation list since September 2025.